Keywords: Wall street
After previously suggesting he was stepping back from acting, American actor Michael Douglas, 81, is set to return to the screen in a new film directed by Oliver Stone, titled White Lies, according to industry reports. The project marks a notable reunion between Douglas and Stone, who have collaborated......
SpaceX is preparing to make financial history with what could become the largest initial public offering ever seen on Wall Street. The aerospace company founded by Elon Musk is expected to attract enormous interest from both institutional and retail investors, reflecting the market's confidence in......
Citigroup has raised its year-end forecast for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism around artificial intelligence-driven growth in the global economy. The investment bank now expects the benchmark index to reach 8,100 points by the end of......
A wave of restructuring across global banking institutions has intensified job cuts linked to artificial intelligence, with 63,000 positions eliminated in 2026. Financial groups are increasingly integrating AI efficiency targets into workforce planning, moving beyond pilot programs and experimental use......
U.S. stock futures moved higher on Wednesday, supported by continued enthusiasm around artificial intelligence and cautious optimism over geopolitical developments in the Middle East. Investor sentiment remained broadly positive after recent gains in major indices, with technology-related stocks playing......
Private credit funds are facing growing pressure as investors become increasingly concerned about credit quality, market volatility, and the impact of artificial intelligence on several industries. Recent financial filings from major business development companies (BDCs) revealed that many lenders have......
Hedge fund manager Bill Ackman has announced that his firm Pershing Square Capital Management is taking a new investment position in Microsoft, describing the tech giant’s valuation as “highly compelling.” The disclosure was made ahead of a formal announcement by the fund, with Ackman......
Global banking group HSBC Holdings has raised its year-end target for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism in U.S. equity markets. In its latest outlook, HSBC increased its forecast for the index to 7,650 points from 7,500, citing resilient......
Shares of major U.S. semiconductor companies rose sharply on Wednesday after strong forecasts from Advanced Micro Devices (AMD) boosted investor confidence in long-term demand for artificial intelligence infrastructure. AMD shares jumped nearly 18% in premarket trading, while other chipmakers including......
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